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I contacted Malou at Pacific Stock Transfer. They arranged and handled the dividend. They have a master list and you can check the list and find out where shares were sent if the correct amount. Hope that helps! I got mine!
Unless I'm missing something, each preferred share converts into a hundred thousand common. Right?
Call the transfer agent, Pacific stock transfer, as they handled the assurances of all the stock certificates, according to the company.
The Reg A isn't debt. That is equity deals with Blackbridge according to the PR.
I STRONGLY suggest you do your own due diligence on this company and not rely on this board which as both strong supporters and proven sabotagers (Trolls) within its ranks. There is plenty of background info on management, websites and third party references. There are examples of the technology in action via beta demos and also, one app that is actually available to download and test on Google Play. Go to swanlock.com to get that. Good luck!
As I said, the CEO is doing what he can but cannot control Phoenix from dumping below the bid purposely to drive the price down to convert more shares. We either stop buying below the bid or we call Phoenix and tell them to stop. The CEO tried to buy back their debt and they refused. Go read my previous long post on this issue.
Longs Need to Help Company: I don't blame you for buying low and averaging down. But just remember, the toxic lender, Phoenix Fund is responsible for driving the price down so they can convert at a lower price and get more shares. They will then let it breathe for a while only to try the same thing again. The only way we can stop them is to not aid their down slaughter of selling below the bid!
Important information I gathered from the company. Because they have not begun receiving funding from the regulation A or the fundable raised as of yet, there are forced to continue to take money from some of them institutional lenders such as Apollo and Blackbridge. And unfortunately, a year ago, they took money on a convertible note from a company in Miami called, The Phoenix fund. It was based on a promise of more money and then a seven a half-million-dollar commitment on the regulation A plus. Apparently,the Phoenix fund has been nothing but toxic and a nightmare for the company. And they tried to buy them out and the Phoenix fund refuses. And worse, the Phoenix fund pulls down the price of the stock as far as they can so that when they go to convert, they can covert much more stock because the price will be lower. This is the game in the industry from these debt conversion companies. They pull down the price as far as they can until they convert and then they let the price come back up again until they need to convert again and then, history does repeat itself. So what the company is doing is making arrangements to buy out all the debt and bring everything back under their control. Apollo and Blackbridge are on board. Unfortunately, the Phoenix fund is not cooperating and isn't willing to let their debt be bought out or stop these toxic conversions. Perhaps all of us should contact them directly and tell them to stop the madness. Gavi Silberstien is the guy running the Phoenix Fund out of Miami. He must have about 10k left to convert but is the enemy of the company as he drags down the price to maximize his conversions.
Maybe you're right on both accounts. Maybe there is still conversions causing dilution and the company really does have big news and the pr's are going out because there really is growth. The two can exist together.
You have your spacing wrong. Since your posting history is only about WRFX and only negative, you should have the time to get your spacing right. You might also do some due diligence on the companies officers and background so you have some real knowledge and don't come off ignorant. Just trying to help! Cheers
To both your points though, I've been trying to calculate how the dividend will work. Has anybody done the math on this and figure out what the results of the dividend of shares will be for each of us? I'm looking for a canculation formula to use that works for all of us. Anyone?
Some of the other members here have contacted the company directly and made direct Investments. It may be better off market then on market and some people's opinion. Plus, you may be able to get the validation you're looking for about the technology. Have you thought about contacting them directly?
FYI. Things discovered outside of Silicon Valley and with Finalnd's finest:
1. Linux - Linus Torvalds
2. MySQL, MariaDB - Michael "Monty" Widenius
3. SSH - Tatu Ylönen
4. Erwise, World's First Graphical Browser - Finnish College Students
5. The first wireless EKG heart rate monitor - Seppo Säynäjäkangas
6. The first GSM network and GSM phone call - Radiolinja
7. Pioneer of sound-on-film technology - Eric Magnus Campbell Tigerstedt
8. IRC - Jarkko Oikarinen
9. Nokia
10. Angry Birds - Rovio
11. Clash of Clans - Supercell
And don't forget Minecraft!! Not from Finland but close to it in Sweden.
Yesterday's letter from the CTO and today's press release both went into detail explaining the delay. Did you notice that carefully? Or are you just saying that you don't believe it?
Silicon Valley's top Engineers are all mostly Imports. Number two, the partners involved in this are from Finland and have legit credibility and a have written articles about cyber-security that was internationally recognized. Did you do any to due any due diligence at all before you started making your claims? Have you read the white paper that goes in the technical detail about cybersecurity problems and their solution written by the CTO released yesterday? Or are you just here to bash without any foundation or an investigation into your claims?
Understandable! Where is that dividend?
I think it was just a statement for shareholders and wasn't PR'd on any service (I looked). To make big claims of having unhackable, possibly billion dollar tech and not back it up with some early technical explanations was something of a problem. They need to show they actually knew what the market problems are and how they made something to solve it. Done, IMHO
I will patiently wait for any company that is building a billion dollar technology. They spelled out the end of the month for Swantry and the IP was getting patented.
Hey, I know the news was technical - but everyone here seems lost on its meaning. I had to re-read it and I got a lot of really good insights from it. But what I really got out of it was this: 1) Supercomputers are coming and most encryption technology is very vulnerable and they specifically named top billion dollar apps outright stated they had something better. And not just better a little, but better as an answer to hackable technologies and the coming issues with supercomputers and security vulnerabilities. Wow. You don't have to talk revenue when the technology could be worth billions. If this is true (and I am glad they finally spelled out some real technology to make it credible), then this company could skyrocket overnight IMHO.
There is nothing credible anymore in your statements as we see live demos of the full Swantry app and many of us have downloaded the Swanlock app and seen it work. If you want credibility, you have to acknowledge? the good with the bad.
Try again, sometimes people get in junk file. Happened to me. Resign up and look for it. Many of us used it already. It's good!
LMAO!!!!
There is always something. My reply was to "No App" Obviously that isn't true. Second, its beta testing but has a premium upgrade available. It isn't just free for the premium services. Two, the potential for schools and institutions to use it is huge. No other app allows one device to lock dozens of others all at once - as in a school could use.
We know that is wrong as there is am app right now on Google Play by them. I am looking right at it! I have used it!
The CEO already tweeted that the last one never happened due to timing with restructuring and would happen after the reverse. Boom, here it is. I didn't expect it to be materially different. This is what they promised.
Early on I did a lot of due diligence on this company and there's a lot to be found. In addition to the LinkedIn profiles and everybody involved in the company can easily be checked out, please see these Independent party references or information. I hope this helps.
Board of Directors and Corporate Lawyer: http://www.kayemills.com/our-lawyers.html
State Entity Search: http://nvsos.gov/SOSEntitySearch/mobile/default.html?st=c&ss=WorldFlix#Details
Securities Attorney filing Reg A + Offering: http://www.otcmarkets.com/research/service-provider/Eilers-Law-Group-P.A.?id=4581
Blackbridge Fund who committed 7.5 Million:Blackbridge Capital, LLC
450 7th Ave #601, New York, NY 10123
(212) 655-9604
https://g.co/kgs/tMuFV0
That link only works for people who signed up for the beta test. Go to swanlock.com and sign up. Don't waste your time defending with people who can't take 5 min to look at a demo video that obviously shows they have a product that looks really good and the recent PR with PEW report shows its right on the money of what parents want with huge market potential. Here is the first demo video on a handset and 4 months ago: https://www.facebook.com/worldflixinc/videos/1457680887638831/
Most recent demo is here:
It's a violation of group rules? to keep reposting ?the same messages and and repeating yourself. It's not only lame, it's all shows you done no research as they have one app out, Swanlock and a full video of the Swantry app out on a hand set to show it not only exisists, but looks great! Go troll elsewhere.
I've never seen so many crybabies in my life as Traders. The company said in several announcements they're going to restructure the shares and pretty much put it in our faces if they were going to do a reverse to clean up debt conversions. They also said they're going to do a dividend for making up for it. I'll be looking at that instead of spending my time spinning my wheels about something it's already happened. Further, I want to know what they're doing this stop being a nice jet conversion hamster wheels and how they're going to get funded, which was mentioned in the podcast and not one person has he even talked about here. Did anybody else but me listen to it? Everybody's always got a complaint, they finally got a product out and people are saying that it's quality and everybody wants to talk about something that happened two months ago. I think people need to move on. Yes I want some answers to questions, but I'm not going to be looking back in the past and talking for months about something that we can't change. Focus people focus. Ask the right questions: dividend, product, market potential and finance plan. If you got in for a quick pop, you're in the wrong place. This is a long term play.
Don't waste your time as people here don't even care about the product. All they want to talk about his reverse and how they didn't know about it. Even though I can send you right now three links for the company talked about a restructuring, cleaning up debt and very clearly said that they're going to have to restructure the shares. Read the press releases or quit crying about it. And I am looking for them to announce something about the dividend they promised for all of us that got reverse split back. Let's see what that is before we all keep crying about spilled milk and stop looking at the eye on the prize, which is a groundbreaking product in a huge Market potential.
Wow. Great insight. Thank you!
Hmm. I had a totally different take from the podcast. 1) That company has proprietary technology in a 90 billion dollar market potential. 2) They have begun the Reg A process and have large equity crowdfunding sites like start engine inviting them to post it there. Combine that with the 7.5M from Blackbridge and you have a successful mini IPO in the works. 3) The products are releasing and seem to be top quality (yet to be seen, but the demo looks great! 4) Paranotek may have encryption technology that is unhackable - this suddenly became a possible huge big deal if that is even remotely true! What was missing in my opinion: 1) Dividend! He should have mentioned the dividend of stock that was promised to make up for the reverse to loyal longs. 2) a firm answer of Swantry release date. 3) Any talk about the dilution and what they are doing to retire debt and stop diluting shares by taking money from debt conversion companies. I might write and email and let you know what answers I get from them.
Putting in my 2 cents: He benefits if those companies keep loaning worldflix money. The problem is, the more money they loan him, the more debt conversions there is! WRFX needs to get off the hamster wheel and stop taking convertible money. Now, that is easy for us to suggest as we invested in the market and not direct. If we all invested direct, I bet WRFX wouldn't have this problem! This is a direct result of OTC's having such little options in getting capital when needed. Having said that, the CEO needs to hustle and find money elsewhere! Time to talk to VC's, institutions and long-term debt to companies with a conscious who won't pound the market. You listening out there chief? Get busy!
hey, it's like your not reading my post. LOl I basically agreed with you. You ranting my friend! You should contact WRFX and straight up speak to the company about your concerns. "Take it easy, diversify" - Says me
Good point! Where is that next podcast that was mentioned??
This goes back to my original post long ago folks. Due your due diligence and if you cannot trust a CEO, don't buy their shares! But if you make the decision to trust, don't go fishing in theories either.
You clearly misunderstood. I was talking about us! The positives here, need to let those who are aggravated vent about their frustrations. I am glad top see some action but it's too early to pat anyone on the back yet!
I think people just need to vent! That reverse and the drop in PPS has been rough. I hope they make a solid product and do a dividend or something as promised!
Saw a post they are profitable. But is this simply a bread and butter company or is there anything proprietary here to show a possible tremendous growth upside?
Agreed that it was a bit of a let down the app isn't on Google Play, ready to go! I am also waiting to see if they follow up about the "dividend of shares" mentioned twice now and that never happened before. I do think the suggestion that in Paranotek (the new subsidiary) there is technology that might be groundbreaking, is compelling. But until we see something - I have to agree with your skepticisms.